Thursday, August 14, 2014

இனிய சுதந்திர தின வாழ்த்துக்கள்!

HEAD & SHOULDERS PATTERN IN EOD CHART OF CRUDE OIL

CRUDE OIL (EOD CHART)

In this EOD chart of Crude Oil we clearly see the 'Head & Shoulders' pattern clearly formed and tends to break the neck line of 5933

So....

3 consecutive close and a weekly close below 5933 takes Crude to 5880 and then upto 5814

(Conditions must get fulfilled anyway - Don't trade blindly in any product)

OK.. OK.. LET ME WAIT & WATCH

DISCLAIMER

THE RECOMMENDATIONS MADE HERE DO NOT CONSTITUTE AND OFFER TO SELL OF A SOLICITATION TO BUY ANY OF THE SECURITIES/COMMODITIES OF ANY OTHER INSTRUMENTS WHATSOEVER MENTIONED. NO REPRESENTATIONS CAN BE MADE THAT THE RECOMMENDATIONS CONTAINED WILL BE PROFITABLE OF THAT THEY WILL NOT RESULT IN LOSSES. READERS USING THE INFORMATION CONTAINED HEREIN ARE SOLELY RESPONSIBLE FOR THEIR ACTIONS. SURFING OR USING ‘tradersharmony.blogspot.com' DEEMS THAT THE SURFER ACCEPTS AND ACKNOWLEDGES THE DISCLAIMERS AND DISCLOSURES.THE INFORMATION PUBLISHED ARE FOR EDUCATIONAL AND INFORMATIVE PURPOSE ONLY AND THE USER/READERS SHOULD TAKE ADVICE OF HIS/HER ADVISER BEFORE TAKING ANY DECISION FOR BUYING, SELLING OR OTHERWISE DEALING WITH SECURITIES/COMMODITIES OR ANY OTHER INSTRUMENT WHATSOEVER.

NIFTY FUTURES TODAY (AUG 14)

If trades above 7753 for 15 minutes see Nifty Futures kissing 7773 and also 7800 in the same session

Suppose if trades below 7740 for 15 minutes it would slide upto 7715-10

INTRADAY RESISTANCE @ 7753-75 & 7805

INTRADAY SUPPORTS @ 7713-06

Use the levels and time correctly while initiating a trade

ALL THE BEST

DISCLAIMER

இன்றைய சந்தை அடிப்படை (AUG 14)

இயற்கை எரிவாயு சேமிப்புக் கிடங்கு

இந்திய நேரப்படி இன்று யூரோவை நேரடியாகவும் அதற்கெதிரான டாலரை மறைமுகமாகவும் பாதிக்கும் செய்திகளாக,

11:30 AM க்கு German GDP யின் வருடாந்திர மற்றும் காலாண்டு வெளியீடும்
அதைத்தொடர்ந்து

12:15 PM க்கு French Non-Farm Payrolls இன் காலாண்டு வெளியீடும்

2:30 PM க்கு CPI யின் வருடாந்திர மற்றும் மாதாந்திர வெளியீடும் வர உள்ளது!

சென்ற முறை 0.4% ஆக வெளியிடப்பட்ட CPI புள்ளி விவரம் இம்முறையும் அதே அளவில் எதிர்ப்பார்க்கப்படுகிறது!

மட்டுமல்லாமல்..
மாலை 6:00 மணிக்கு அமெரிக்க டாலரை நேரடியாக பாதிக்கும் Import Price Index மற்றும் Initial Jobless Claims தகவல்களும் வெளிவர உள்ளது

சென்ற வெளியீட்டில் 82B ஆக இருந்த இயற்கை எரிவாயு கையிருப்பு தகவல் இன்று இரவு எட்டு மணியளவில் மாற்றமடைந்து எதிர்ப்பார்க்கப்படுகிறது!

அன்பு வர்த்தகர்கள் கச்சா எண்ணெய், இயற்கை எரிவாயு, தங்கம், வெள்ளி, காப்பர் மற்றும் நிக்கலில் இன்று கவனமாக இருக்க வேண்டிய நேரம்..

11:30 - 1:00 PM
2:30 - 3:00 PM
6:00 - 6:30 PM
8:00 - 8:20 PM

வெல்க!

HAVE A THIRSTY THURSDAY

10 George Soros Quotes on Investing

George Soros is well known as “The Man Who Broke the Bank of England.”

He earned this title in 1992, when he (famously) made more than a billion dollars selling-short the pound sterling.

He is the co-founder and manager of the Quantum Endowment Fund, an international hedge fund with more than $27 billion in assets under management.

Soros survived as a young jew, living in Nazi-occupied Hungary in 1944. He then immigrated to England to attend the London School of Economics, and moved to the US in 1956 to work as a stock broker.

Today,Soros is a passionate investor, philanthropist, and democratic idealist who could teach us a lot about investing and philosophy. Here are ten very insightful quotes from him:

1. “If investing is entertaining, if you’re having fun, you’re probably not making any money. Good investing is boring.” – As I discussed in this article, personal emotions have no place in investing. If you want to be successful in the long-run, base your investment decisions on rationality and discipline.

2. “I’m only rich because I know when I’m wrong…I basically have survived by recognizing my mistakes.” – Almost every successful investor that I've written about knows this. That is, you must recognize and admit your mistakes when you make them, cut your losses short, and move on to the next logical step.

3. “The financial markets generally are unpredictable. So that one has to have different scenarios… The idea that you can actually predict what’s going to happen contradicts my way of looking at the market.” – Successful traders abide by this philosophy by heart. Markets truly are random and no one knows where, when, and how prices will move. The key is to be ready for every scenario that can happen so that you can take advantage of the opportunities that lay ahead.

4. “Markets are constantly in a state of uncertainty and flux, and money is made by discounting the obvious and betting on the unexpected.” – Since markets are random, anything can happen, even the “unexpected.” The biggest opportunities lie in those unexpected events because most people are betting on the obvious, and in the market, most people are wrong.

5. “The worse a situation becomes, the less it takes to turn it around, and the bigger the upside.” – This is true in life as well as in investing. When you hit rock-bottom, every inch of improvement feels so much better and powerful. If you bought Goldman Sachs (GS) in the midst of the subprime crisis in 2009, you could've made more than thrice your money just a year after.

6. “Stock market bubbles don't grow out of thin air. They have a solid basis in reality, but reality as distorted by a misconception.” – Stock market bubbles start with good corporate or economic fundamentals. Things just go out of hand when people’s misguided greed comes into play.

7. “I contend that financial markets never reflect the underlying reality accurately; they always distort it in some way or another and the distortions find expression in market prices.” – Just like Warren Buffett, Soros also looks at value over price. They both know that price is just noise made by human emotions in the markets. Value, on the other hand, is the intrinsic worth of an asset.

8. “Unfortunately, the more complex the system, the greater the room for error.” – Obviously, when it comes to investing, Soros like to KISS (keep it simple, silly). He built a financial empire by adhering to this basic principle, and so should you. A simple but effective investing system will always beat the crap out of a complex system that doesn’t work.

9. “Making an investment decision is like formulating a scientific hypothesis and submitting it to a practical test. The main difference is that the hypothesis that underlies an investment decision is intended to make money and not to establish a universally valid generalization.” – The simple goal of investing is to make money, not to be right all the time. As a trader, I abide by this mantra and it makes it easy for me to accept losses easily and to stick to my investing plan.

10. “We try to catch new trends early and in later stages we try to catch trend reversals. Therefore, we tend to stabilize rather than destabilize the market. We are not doing this as a public service. It is our style of making money.” – Again, like Warren Buffett, Soros enters markets based on valuations. He buys when prices are “low” and sells when they are “high,” thereby effectively catching trend reversals.

If you look at these quotes, you can see that Soros has very similar investment philosophies with Warren Buffett. I guess great minds really do think alike, so let’s adapt these principles into our own investing to get some kick-ass results.

Wednesday, August 13, 2014

எளிதான கமாடிட்டி வர்த்தகம் - ஒரு 'விறு விறு' பார்வை

நம் சக்திக்கேற்ப சந்தையில் பட்டியலிடப்பட்டிருக்கும் பல்வேறு கம்பெனிகளில் முதலீடு செய்து வர்த்தகம் மேற்கொள்ளும் களத்தை ஈக்விட்டி மார்க்கெட் (பங்குச் சந்தை) என்றும்,
தங்கம், வெள்ளி போன்ற விலையுயர்ந்த உலோகங்களிலும் நிக்கல், காப்பர், அலுமினியம், zinc போன்ற அடிப்படை உலோகங்களிலும் (base metals), கச்சா எண்ணெய், இயற்கை எரிவாயு போன்ற எரிசக்திகளில் முதலீடு செய்து வர்த்தகம் மேற்கொள்ளுமிடத்தை கமாடிட்டி சந்தை (பொருட் சந்தை) என்றும் அழைக்கிறோம்!

இதில் ஈக்விட்டி மார்க்கெட் தினமும் காலை 9:15ற்கு ஆரம்பித்து 3:30க்கு நிறைவடையும்!

கமாடிட்டி சந்தையிலோ வர்த்தகம் காலை பத்து மணிக்கு ஆரம்பமாகி ஓர் ஆறு மாத காலத்திற்கு இரவு 11:30 வரையிலும் இன்னொரு ஆறு மாத காலத்திற்கு நடுநிசி 12:00 வரையிலும் நடைபெற்றுக்கொண்டிருக்கும்!

வர்த்தகம் நடைபெறும் நேரம் ஆதிகம் என்பதாலேயே இதில் பல வர்த்தகர்கள் 'யார் சார் அவ்வளவு நேரம் உட்கார்ந்து பார்க்கறது?' என்று அலுத்து கொண்டும் பயந்து கொண்டும் இதில் நுழைய தயங்குகிறார்கள்!

ஆனால் எமது அதிநவீன தொழில்நுட்ப ஆய்வுகளின்படி ஒரு நாளில் பதிமூன்றரை நேரம்/பதினான்கு மணி நேரம் நடைபெறும் கமாடிட்டி சந்தையில் தினமும் இரண்டரை மணி நேரம் செலவு செய்தாலே போதும் மிக எளிதாக குறுகிய முதலீட்டிலேயே ஆயிரக்கணக்கில் வென்று போகலாம்!

இது ஈக்விட்டி மார்க்கெட்டில் நீங்கள் செலவிடும் நேரத்தை விட மிகக் குறைவான நேரமேயாதலால் எமது உயர் தொழில்நுட்பங்கள் கற்று பயமோ, சிரமமோ இல்லாமல் இச்சந்தையில் தினம் தினம் வென்று மகிழலாம்!

எப்படி..... ?

கடலூரில் ஒவ்வொரு சனிக்கிழமையும் (10:00 AM - 4:00 PM) நடைபெறும் எங்கள் பயிற்சி வகுப்புகளில் கலந்து கொள்ள இவ் வலைப்பூவிலேயே பெயர் பதிவு செய்தோ அல்லது 9788563656 என்ற எண்ணை அழைத்தோ உங்கள் வருகையை உறுதி செய்து கொள்ளுங்கள்!
பின் ஒவ்வொரு நாளும் சந்தையில் இனிய நாளே!

நெஞ்சார்ந்த வாழ்த்துக்கள் நண்பர்களே!

பின்குறிப்பு: அதே கட்டணத்தில் ஆன்லைன் வகுப்புகளுக்கும் பதிந்து கொண்டு வார இறுதியில் வகுப்பு தேதியை உறுதி செய்து கொள்ளலாம்!

அதிநவீன தினவர்த்தக தொழில்நுட்பங்கள் மிகக் குறைந்த கட்டணத்தில்!

'அடுத்த வாரம் கண்டிப்பா கலந்துக்கணும்! '

JAPAN ECONOMY SHRINKS ANNUALISED 6.8% IN APRIL-JUNE

TOKYO:
Japan's economy shrank an annualised 6.8 per cent in the April-June quarter to suffer its biggest contraction since the March 2011 devastating earthquake and tsunami, government data showed on Wednesday, as a sales tax hike took a bigger-than-expected toll on household spending.

The preliminary figure for gross domestic product (GDP) compared with a 7.1 per cent decline forecast by economists in a Reuters poll. It followed a revised 6.1 per cent rise in the first quarter of this year, the Cabinet Office data showed.

On a quarter-on-quarter basis, the economy contracted 1.7 per cent in the second quarter after a revised 1.5 per cent increase in the first quarter.

Private consumption, which accounts for about 60 per cent of the economy, decreased 5.0 per cent from the previous quarter, as households withheld spending after an increase in Japan's sales tax to 8 per cent from 5 per cent in April.

External demand added 1.1 per centage point to the economy in the second quarter, the data showed.

US RECORDS THE LOWEST DEFICIT IN SIX YEARS AT $94.6 B IN JULY

WASHINGTON:
The federal government ran a lower deficit this July than a year ago, keeping it on course to record the lowest deficit in six years.

The July deficit was $94.6 billion, an improvement of 3.1 per cent from a year ago, the Treasury Department reported Tuesday in its monthly budget statement.
For the first 10 months of this budget year, the deficit totals $460.5 billion, down 24.2 per cent from the same period a year ago.

The Congressional Budget Office expects this year's deficit to total around $500 billion, down from $680.2 billion last year. That would be the lowest deficit since an imbalance of $458.6 billion in 2008, which was a record at the time. The Great Recession and efforts to deal with the financial crisis sent deficits above $1 trillion for four straight years

The July imbalance followed a $70.5 billion surplus in June, a month when government coffers are swelled by quarterly tax payments. But without the quarterly payments, the government ran a deficit in July, a month when it has recorded deficits in 58 of the last 60 years.

The yearly deficit peaked at $1.4 trillion in 2009 and remained above $1 trillion for each of the next three years, finally falling to $680.2 billion last year.

CBO projects the deficit will fall to $469 billion in 2015 before starting to rise again, topping $1 trillion annually starting in 2023. Spending on the government's major benefit programs, including Social Security and Medicare, will drive those increases as more baby boomers retire.

For the first 10 months of the current budget year, which began in October, government revenue totals $2.47 trillion, up 8 per cent from the same period a year ago, reflecting a stronger economy which has boosted employment and led to rising income tax revenues and higher corporate tax payments.

With two months left in the current budget year, government spending is up 1.2 per cent to $2.93 trillion, compared to a year ago, reflecting government efforts to restrain outlays in an effort to get control of the budget deficits.

Republicans have accused President Barack Obama of failing to propose significant cuts to reduce soaring entitlement costs. Democrats counter that Republicans would rather impose sharp cuts on needed government programs than impose higher taxes on the wealthy.

Neither side is expected to make major concessions in this congressional election year. But the budget wars of the past three years have subsided at least for a brief time. An agreement was reached in December on the broad outlines for spending over the next two years. The agreement will allow Washington to avoid the gridlock that culminated in October's 16-day partial shutdown of the government.

The budget cease-fire also includes legislation that suspended the government's borrowing limit through March 15 of next year. That puts off another battle over raising the debt ceiling until a new Congress takes office in January.

இன்றைய சந்தை அடிப்படை (AUG 13)

Chinese Fixed Asset Investment

11:00 AM - சீன நாணயத்தை நேரடியாகவும் அதற்கெதிரான டாலரை
மறைமுகாகவும் பாதிக்கும் Industrial Production மற்றும் Fixed Asset Investment இன்
வருடாந்திர வெளியீடு.

2: 00 PM - Great Britain Pound ஐ நேரடியாகவும் அதற்கெதிரான டாலரை
மறைமுகாகவும் பாதிக்கும் Claimant Count Change மற்றும் Unemployment rate தகவல்
வெளியீடு.

3:00 PM - அதே GBP நாணயத்தை பாதிக்கும் இங்கிலாந்து வங்கியின் பணவீக்க
அறிக்கை மற்றும் அதன் கவர்னர் கார்னியின் உரை வெளியீடு.

6:00 PM - டாலர் முகப்பை நேரடியாக பாதிக்கும் Retail sales மற்றும் Core Retail Sales
இன் மாதாந்திர வெளியீடு.

FOMC Member Dudley

6:30 PM - FOMC உறுப்பினர் டூட்லியின் உரை

இவை யாவும் இன்று கமாடிட்டி மற்றும் ஈக்விட்டி சந்தையை பாதிக்கும்படி
வெளியாகும் செய்திகளாகும்!

ஆக இன்று வர்த்தகர்கள் கச்சா எண்ணெய், தங்கம் வெள்ளி மற்றும்
நிக்கலில் கவனமாக இருக்க வேண்டிய நேரம்..

11:00 - 11:30 AM
2:00 - 2:30 PM
3:00 - 3:30 PM
6:00 - 7:00 PM

வெல்க!

NIFTY FUTURES TODAY (AUG 13)

By the time we update this S&P CNX Nifty was trading @ 7727

Above 7743 for 10-15 minutes, no problem for Nifty Futures to hit 7765

Suppose if cuts 7731 and trades below the level for 15 minutes it slides to kiss 7700

INTRADAY RESISTANCE @ 7770

INTRADAY SUPPORTS @ 7731-7696-89

Pls watch the levels & time carefully while initiating a trade

All the best

DISCLAIMER

Tuesday, August 12, 2014

HAVE A FANTABULOUS WEDNESDAY

That's the thing about depression: A human being can survive almost anything, as long as she sees the end in sight. But depression is so insidious, and it compounds daily, that it's impossible to ever see the end. The fog is like a cage without a key.

-Elizabeth Wurtzel

How do you stay in control when trading wild markets?

Over the last several years the stock market has been doing nothing

but going up, save the 5 or 10% corrections that occur every few

months.

But when you're on top of the markets every day as we traders are,

extreme thoughts start to creep into our heads every time one of

those corrections are underway.

‘This could be the big one!’ ‘Should I get out of all my long

positions?’ ‘Since I know that markets go down faster than they go

up, should I take some short positions?’

These are the kinds of questions that jump into our heads… and

that’s OK.

It’s what you do with these thoughts that matter!

You see, you should have a plan for all occasions in the market. If

you’re a day trader, your plan may have you favoring short trades

over long trades during a confirmed technical bearish phase.

This way you're going with the counter trend on an intraday basis

so that you stay with the flow of the market.

As a position trader, with long-term positions that you don't want

sell because of tax consequences, you would be looking to apply a

hedge position so that you can keep your long position, but defend

against the short term damage caused by a correction.

No matter how you trade or what time frame you trade, you need to

have a plan in place BEFORE the technical turn happens.

This way when those thoughts of fear and greed start running

through your head, you can quickly dismiss them as you say to

yourself, “No worries! I have a plan for that.”

And when I say have a plan, I mean have a plan you can be 100%

confident in. Once you're committed to… because if you're not

totally committed, you'll hesitate when those fearful thoughts hit

and you'll lose valuable ground.

You see, most traders DON'T have plans for all market situations.

They try to figure things out on the fly. .. while the action is raging.

Bad move! The fact that you have a plan at all means you're well

ahead of the game.

No plan is 100% foolproof, so make build you plan on solid

technical ground and then TRUST IT.

Investing is a project of risk. You won’t be right all the time.

But you’ll be right WAY MORE OFTEN if you have a plan. So,

build plans for all major situations and then go ahead and follow

when the situation occurs.

Wild market movements are unsettling for sure. So, make sure that

you keep you inner strength high by training your subconscious

mind on a daily basis.

We have a convenient way to do that with The Disciplined Trader

Mastery Kit. So, if you don't own it, consider owning it.

But however you choose to maintain your mental and emotional

fitness, do the mental trainings and don't let your tools sit on the

shelf.

This way, when the next crazy thing happens in the market, you’ll

have the mental strength to follow your plan and you won't be part

of that 95% of traders who are unprepared and get whipped around

by their fear and greed.

OK.. that’s it for this addition of 4 Minute Drill for Traders.

Let’s hear from you. Maybe you have story where you rose from

the ashes and when from fearful to confident that you can share.

Maybe you can just admit you don't have a plan and commit to the

world that you'll build one.

Sharing your thoughts helps all of us.. so don't be shy!

- Norman Hallet

BE COOL..

PLACE THE STOP LOSS ORDER @ 5940 - EVEN IF THE STOP GETS TRIGGERED, PLS STAY CALM IN CRUDE OIL FOR NEXT 24 HOURS TILL WE UPDATE THINGS

CRUDE OIL - AN URGENT UPDATE

WE REDUCED THE POSITION - CLIENTS ADVISED TO BOOK 50% (QUANTITY) OF CRUDE OIL FOR NO LOSS NO GAIN

WE WAIT WITH THE STOP OF 5940 FOR THE REMAINING LOTS NOW

POSITIONAL TRADERS (IN LONG) CAN EXIT CRUDE @ THE MODIFIED STOPLOSS OF 5940

PLS WAIT FOR 24 HOURS FOR OUR NEXT CALL IN THIS

RUSSIAN HUMANITARIAN CONVOY DEPARTS TO E.UKRAINE

Russian humanitarian convoy to Ukraine departs from Alabino, Moscow region.

Almost 300 trucks carrying 2,000 tons of humanitarian aid have

been sent towards the border with Ukraine, Moscow regional

authorities say. Earlier, Russia and Ukraine agreed on a

humanitarian mission under the authority of the Red Cross.

Russia and Ukraine agree on humanitarian operation - Lavrov

Some 280 Kamaz trucks carrying food, medication, and drinking

water were sent out by Russia’s Emergencies Ministry from the

Moscow region on Tuesday morning, Russian media reported.

“The convoy will deliver to the inhabitants of eastern Ukraine

around 2,000 tons of humanitarian aid collected by Muscovites

and residents of the Moscow region,” the administration of the

Moscow region told Ria Novosti.

The humanitarian cargo includes 400 tons of grains, 100 tons of

sugar, and 62 tons of baby food, as well as 54 tons of medical

equipment and medication. The convoy will also deliver around

12,000 sleeping bags and 69 power generators of various types.

The humanitarian mission is carried out without any participation of

the Russian military, Kremlin spokesman Dmitry Peskov

emphasized earlier.

A polyclinic damaged during shelling of Donetsk by the Ukrainian military

Russian President Vladimir Putin told European Commission

President Jose Manuel Barroso earlier on Monday that Russia, in

cooperation with representatives of the International Committee of

the Red Cross, is sending a humanitarian convoy to Ukraine.

Prior to that, Russian Foreign Minister Sergey Lavrov stated that

“all possible and impossible pretexts have been dismissed,”

referring to discussions with Kiev. Lavrov also expressed hope that

“Western partners won’t put a spoke in the wheel and will think

about the people who are badly in need of water and electricity.”

In the latest statement, the ICRC emphasized the urgent need for

the aid to reach the areas affected by fighting, but said it expects

more details of the operation from Moscow.

“Prior to the beginning of the operation, the ICRC should receive

without undue delay from the authorities of the Russian Federation

all necessary details concerning the aid, including the volume and

type of items, and requirements for transport and storage,” the

organization said.

Russia initially came up with a proposal to send humanitarian aid

under the auspices of the International Committee of the Red Cross

to Ukraine's troubled eastern regions last week at the UN Security-

Council meeting. However, the leaders of the US, UK, and

Germany seem to be stalling the operation, Lavrov said, accusing

the states of “blatant expression of cynicism” for claiming that all

necessary humanitarian measures “are already being taken” by

Kiev authorities.

U.S JOBS ROSE SINCE 2008 CRISIS

Jobs growth in the US since the 2008 recession has been undermined by lower wages, with workers earning an average 23 per cent less than earnings from jobs which were lost, a report by an organization representing US cities said on Monday.

The average annual salary in sectors where jobs were lost - particularly manufacturing and construction - during the 2008-9 financial crisis was $61,637, according to the report by the United States Conference of Mayors (USCM), which represents cities with populations of more than 30,000.

Job gains through the second quarter of 2014 in comparative sectors showed average wages of $47,171, implying $93 billion in lower wage income, the report said.

The report also showed that the majority of metro areas - 73 per cent - had households earning salaries of less than $35,000 a year.

The latest monthly employment data from the Labor Department showed that more than 200,000 jobs were created for the sixth straight month in July, but that wages were about flat in the private sector.

American workers, on average, earned $24.45 an hour in July, up only a penny from June. Over the last year, wages have grown just 2 per cent, in keeping with where they have been stuck since late 2009.